Grandeur Peak Global Advisors LLC increased its holdings in shares of Federal Signal Corporation (NYSE:FSS – Free Report) by 62.0% during the second quarter, HoldingsChannel reports. The firm owned 43,766 shares of the conglomerate’s stock after buying an additional 16,748 shares during the period. Federal Signal comprises 1.4% of Grandeur Peak Global Advisors LLC’s portfolio, making the stock its 15th biggest holding. Grandeur Peak Global Advisors LLC’s holdings in Federal Signal were worth $5,623,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of FSS. Ancora Advisors LLC purchased a new stake in shares of Federal Signal during the second quarter valued at $34,000. Susquehanna Fundamental Investments LLC raised its position in Federal Signal by 9.5% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 64,380 shares of the conglomerate’s stock worth $8,272,000 after buying an additional 5,572 shares during the last quarter. Wedbush Securities Inc. lifted its stake in Federal Signal by 9.2% during the 2nd quarter. Wedbush Securities Inc. now owns 2,193 shares of the conglomerate’s stock valued at $282,000 after acquiring an additional 185 shares during the period. Archer Investment Corp bought a new position in Federal Signal during the 2nd quarter valued at about $169,000. Finally, Empowered Funds LLC purchased a new stake in shares of Federal Signal during the 2nd quarter valued at about $3,862,000. 92.73% of the stock is owned by institutional investors.
Federal Signal Trading Up 0.2%
Shares of NYSE:FSS opened at $118.37 on Monday. The stock’s 50-day simple moving average is $122.57 and its two-hundred day simple moving average is $116.47. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 1.61 and a beta of 1.24. Federal Signal Corporation has a 52-week low of $101.18 and a 52-week high of $134.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.21 and a current ratio of 2.74.
Federal Signal Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, August 14th. Federal Signal’s dividend payout ratio is currently 12.93%.
Wall Street Analyst Weigh In
A number of analysts have recently commented on FSS shares. Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Citigroup assumed coverage on shares of Federal Signal in a research report on Monday, August 17th. They set a “buy” rating and a $150.00 price objective on the stock. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Weiss Ratings upgraded shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Federal Signal presently has an average rating of “Moderate Buy” and a consensus price target of $140.50.
Get Our Latest Report on Federal Signal
Insider Buying and Selling
In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the transaction, the vice president directly owned 15,689 shares in the company, valued at approximately $2,046,473.16. This trade represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.30% of the company’s stock.
Federal Signal Profile
Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.
Federal Signal operates through two primary business segments.
Read More
- Five stocks we like better than Federal Signal
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Want to see what other hedge funds are holding FSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Signal Corporation (NYSE:FSS – Free Report).
Receive News & Ratings for Federal Signal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Signal and related companies with MarketBeat.com's FREE daily email newsletter.
